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Monday, December 2, 2013

Growth in eurozone factory activity accelerates slightly.

Eurozone manufacturing PMI edged up to 51.6 in November from 51.3 in October, with Germany, Italy, Holland, Austria and Ireland performing well but with France remaining a concern. "The data suggest that output is rising at a quarterly rate of only around 0.6% in the fourth quarter so far," says Markit. After starting the day higher, the euro was -0.3% at $1.3548 at the time of writing.

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